Is Bryce Michael Anderson Memorialfoundation Legit?
Quick charity verification for Bryce Michael Anderson Memorialfoundation (EIN: 205299582)
Verdict: Bryce Michael Anderson Memorialfoundation appears trustworthy
95/100Mission Score
$209KRevenue
$806KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $321,960 in 2013 to $579,152 in 2024, indicating financial stability.
Zero officer compensation reported across all 11 filings, demonstrating high efficiency and dedication of resources to the mission.
Revenue consistently exceeding expenses in most periods, showing sustainable financial management.
Strong program focus implied by the absence of officer compensation and healthy financial reserves.
Low liabilities ($1 in most recent filings) indicating minimal debt and strong financial health.
Spending Breakdown
How Bryce Michael Anderson Memorialfoundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bryce Michael Anderson Memorialfoundation
Is Bryce Michael Anderson Memorialfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bryce Michael Anderson Memorialfoundation (EIN: 205299582) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Bryce Michael Anderson Memorialfoundation a good charity to donate to?
Bryce Michael Anderson Memorialfoundation has a Mission Score of 95/100. Revenue: $209K. Assets: $806K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bryce Michael Anderson Memorialfoundation?
The Employer Identification Number (EIN) for Bryce Michael Anderson Memorialfoundation is 205299582. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bryce Michael Anderson Memorialfoundation spend its money?
Bryce Michael Anderson Memorialfoundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bryce Michael Anderson Memorialfoundation's tax-exempt status?
You can verify Bryce Michael Anderson Memorialfoundation's tax-exempt status using EIN 205299582 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Bryce Michael Anderson Memorialfoundation demonstrates consistent financial health and a strong commitment to its program services. Over the past several years, the organization has consistently generated more revenue than expenses, leading to a steady growth in assets, from $321,960 in 2013 to $579,152 in 2024. This indicates sound financial management and the ability to build reserves. The organization's latest reported revenue of $208,564 and assets of $806,486 further solidify its stable financial position.
The foundation exhibits excellent spending efficiency, with a very high percentage of its expenses dedicated to program services. For instance, in 2024, with expenses of $34,046 and no officer compensation, it's highly probable that the vast majority went directly to its mission. The consistent reporting of zero officer compensation across all available filings is a significant indicator of transparency and a focus on maximizing resources for beneficiaries. This practice minimizes administrative overhead and ensures donor contributions are primarily used for charitable activities.
Overall, the Bryce Michael Anderson Memorialfoundation appears to be a well-managed and transparent organization. Its consistent asset growth, efficient spending patterns, and lack of executive compensation suggest a strong dedication to its mission and responsible stewardship of donor funds. The organization's financial trajectory shows a healthy and sustainable operational model.